|Bid||3.44 x 550000|
|Ask||3.46 x 550000|
|Day's Range||3.4400 - 3.4600|
|52 Week Range||3.1600 - 4.3400|
|Beta (3Y Monthly)||0.44|
|PE Ratio (TTM)||8.40|
|Forward Dividend & Yield||0.11 (2.93%)|
|1y Target Est||N/A|
The results put the country's flagship carrier on track to deliver relatively strong annual earnings despite headwinds from oil prices that have buffeted Asian rivals which are continuing to add more flights. "Our record passenger revenue performance for the first quarter meant that we were able to substantially recover higher fuel prices," Qantas CEO Alan Joyce said in a statement. Qantas, while hedged on 76 percent of its fuel for the year ending June 30, lifted its expected fuel bill on higher oil prices and a weaker Australian dollar.
Australia's Qantas Airways Ltd on Thursday said it would open a flight school for up to 250 pilots a year at a regional airport in Queensland to ease a pilot shortage, using U.S.-based L3 Technologies Inc as the training provider. Global airlines, including Qantas and its budget and regional subsidiaries, have been scrambling to increase the pool of qualified aviators as passenger growth continues to grow and ageing pilots retire.
The latest earnings update Qantas Airways Limited (ASX:QAN) released in June 2018 revealed that the company benefited from a robust tailwind, leading to a double-digit earnings growth of 15.0%. BelowRead More...
Qantas Airways Limited provides passenger and freight air transportation services in Australia and internationally. Qantas Airways’s insiders have invested more than 11.6 million shares in the large-cap stocks within theRead More...
If you are currently a shareholder in Qantas Airways Limited (ASX:QAN), or considering investing in the stock, you need to examine how the business generates cash, and how it isRead More...
In June 2018, Qantas Airways Limited (ASX:QAN) announced its earnings update. Overall, analysts seem cautiously bearish, as a 6.2% rise in profits is expected in the upcoming year, relative toRead More...
The support, however, came at a price - a shareholder register dominated by airline partners with competing interests and a sometimes fractured board. Chairman Elizabeth Bryan said Virgin Australia had yet to short-list CEO candidates, meaning an appointment could take some time. In the domestic market, which accounts for two-thirds of Virgin's revenue, a stable duopoly has emerged with Qantas.
The support, however, came at a price - a shareholder register dominated by airline partners with competing interests and a sometimes fractured board. Chairman Elizabeth Bryan said Virgin Australia had yet to short-list CEO candidates, meaning an appointment could take some time.
Important news for shareholders and potential investors in Qantas Airways Limited (ASX:QAN): The dividend payment of AU$0.10 per share will be distributed into shareholder on 10 October 2018, and theRead More...
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to start learning about core conceptsRead More...
When Qantas Airways Limited (ASX:QAN) released its most recent earnings update (30 June 2018), I compared it against two factor: its historical earnings track record, and the performance of itsRead More...
In this article, I’m going to take a look at Qantas Airways Limited’s (ASX:QAN) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject amongRead More...
Australia's Qantas Airways Ltd is considering a larger version of the Airbus SE A350 as the European jetmaker and Boeing Co vie to connect Sydney and London in a non-stop 20-hour flight by 2022, the airline's CEO said. The airline's selection process for what would be the world's longest commercial flight has advanced to the request for proposal stage with a purchase decision due next year, CEO Alan Joyce said after Qantas reported a record annual profit on Thursday. Qantas had been eyeing the A350-900ULR that rival Singapore Airlines Ltd will use to relaunch flights from Singapore to New York this year.
Qantas forecast an A$690 million ($504.80 million) increase in its fuel bill for the current financial year but CEO Alan Joyce said the airline should be able to fully recover rising fuel costs in the domestic market and do so substantially in the international market. Bank of America Merrill Lynch analysts, in a note, maintained their "buy" rating on the stock, telling clients the guidance supported their forecast of flat earnings in the current financial year versus a consensus estimate for a 6 percent fall. The airline's underlying pretax profit, its most closely watched measure, rose to A$1.60 billion for the 12 months ended June 30 from A$1.40 billion a year earlier.
Australia's Qantas Airways posted a record annual profit, powered by its domestic business, but its shares fell on concerns about rising fuel prices despite the carrier saying it would be able to mitigate its impact. Qantas forecast an A$690 million ($504.80 million) increase in its fuel bill for the current financial year but CEO Alan Joyce said the airline should be able to fully recover rising fuel costs in the domestic market and do so substantially in the international market.
Alan Joyce, chief executive officer of Qantas Airways, discusses the company's financial results, business outlook and fuel prices. Qantas , this year’s best-performing airline stock, kicked off another ...
As a result, passenger yields – revenue per passenger, per kilometer flown – tend to be highest on regional airlines servicing the back of beyond. Australia’s Regional Express Holdings Ltd. has the highest yields of 121 listed airlines for which Bloomberg has data, at 40.31 cents per revenue passenger kilometer, compared to a median of 7.41 cents across the industry as a whole. You don’t hear much about regional airlines because by their nature they’re small players, but Regional Express’s big brother Qantas Airways Ltd. has done something remarkable: It’s managed to extend the model to a whole country.
Australia's Qantas Airways Ltd announced a A$332 million stock buyback program on Thursday after posting a record annual underlying profit, bolstered by a rise in domestic revenue as it cut capacity and raised fares. The airline's underlying pre-tax profit, its most closely watched measure, rose to A$1.60 billion ($1.17 billion) for the 12 months ended June 30 from A$1.40 billion a year earlier. Qantas had in May forecast pre-tax profit, excluding exceptional items, of between A$1.55 billion and A$1.60 billion.